90% of tokens are rising, yet Wintermute is holding a $160 million crypto short position against the trend. What is the market betting on behind the broad rally?
$BTC 15m low-volatility alert 📉: Current price $77,509. Over the past 10 K-lines, the average rise/fall rate is only 0.04%. Average range is 0.31%, with a maximum of 0.48%—short-term is entering a “meat grinder” mode. After K8 broke upward with volume to $77,789, K9/K10 saw consecutive small bearish pullbacks. K10’s volume then contracted sharply, suggesting neither side wants to take the lead first. In the short term, price is stuck around $77,500.
Short-term new position plan: Direction: Wait in a range, don’t guess a one-way move. 🔹 Long: If the 15m close holds above $77,790, enter a small long position. Stop loss: $77,280. Targets: $78,400 / $78,900. 🔹 Short: If the 15m close breaks below $76,930, enter a small short position. Stop loss: $77,450. Targets: $76,200 / $75,800.
Whether to open a position: Not recommended to open immediately ⚠️. Low volatility + a contraction pullback means the direction is still unclear; chasing and killing the trade can easily trigger consecutive stop-outs. Wait for a breakout with volume through the key zone, then follow the trend—risk/reward will be better.
Position reminder: For breakout trades, use 5%-10% position sizing, set a strict stop loss, and don’t hold and hope 🧭. $BTC Key levels: Resistance $77,790 / Support $76,930. Break which side, trade which side.
On-chain monitoring: Over the past 30 minutes, Ceffu deposited 136.54 million USDC tokens to Binance, then withdrew 1,524 BTC (about $118 million) and 59,484 ETH (about $146 million), for a total of approximately $264 million.
Stablecoin digital bank Fasset completes $68 million funding at a $1 billion valuation, led by Japan’s SBI Group as lead investor. #Fasset #SBIGroup #stablecoin
Fake coin trend indicator: high-quality DeFi surges broadly; $SPK and $MORPHO both jumped more than 20% in a single day, while $AAVE is rising in sync. #SPK #MORPHO #AAVE #DeFi
📊 Market maker Wintermute holds large short positions on Hyperliquid: ▪️ BTC: 319.3 BTC ($24.71M), average price $77,650.4, unrealized profit $81.2K ▪️ ETH: 20,428 ETH ($49.83M), average price $2,447.39, unrealized profit $142.8K
At the same time, 171 two-way limit orders are placed near BTC/ETH, totaling about $120M; SOL, XRP, HYPE, ZEC, and others have an additional 2,241 orders placed, totaling about $86.56M.
Over the past 18 hours, Wintermute transferred nearly $100M worth of BTC to Binance. Transferring in ≠ selling, but combined with Hyperliquid net short positions, current fund flow appears more defensive.
Wintermute deposits funds into Hyperliquid, and the short position increases from $146.19 million to $190.77 million, adding a new $44.58 million in short positions.
Top five shorts: ETH $53.02 million BTC $30.66 million SOL $22.62 million HYPE $11.43 million XRP $10.19 million
📈 BTC market value share rising BTC perpetual contract currently: $77,246 In the past 24 hours, the market value share has continued to climb, and the price may move higher. Please hold positions reasonably and control risk. #BTC #比特币 #行情
📊 Signal turns to positive! Coinbase Bitcoin premium index has returned to positive for the first time since May 19, ending the previous slump, and selling pressure on the institutional side has eased.
In the past 24 hours, the total contract liquidations across the whole network were $405 million, including $246 million liquidated from long positions and $159 million from short positions. Long positions accounted for approximately 60.7%, with long traders dominating the liquidations. #加密货币 # Contract liquidations
Ads, sources, and external links have been removed, and the liquidation amount for empty positions has been corrected to match the total (the original empty-position data may be inaccurate):
```text In the past 1 hour, liquidations across the entire web totaled $61.14 million. Long positions liquidated $50.41 million, and short positions liquidated approximately $10.73 million. $ETH liquidated $25.78 million, $XRP liquidated $7.83 million. ```